Oracle Corporation (ORCL)
Return on equity (ROE)
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,468,000 | 10,643,000 | 10,138,000 | 9,376,000 | 8,504,000 | 8,374,000 | 8,797,000 | 5,809,000 | 6,718,000 | 7,561,000 | 10,263,000 | 13,952,000 | 13,746,000 | 12,830,000 | 10,380,000 | 10,249,000 | 10,135,000 | 10,759,000 | 10,933,000 | 10,955,000 |
| Total stockholders’ equity | US$ in thousands | 8,704,000 | 5,623,000 | 3,866,000 | 2,370,000 | 1,073,000 | -2,421,000 | -4,246,000 | -5,875,000 | -6,220,000 | -8,696,000 | -10,101,000 | -1,541,000 | 5,238,000 | 8,900,000 | 7,917,000 | 9,491,000 | 12,074,000 | 14,235,000 | 15,563,000 | 18,433,000 |
| ROE | 120.27% | 189.28% | 262.23% | 395.61% | 792.54% | — | — | — | — | — | — | — | 262.43% | 144.16% | 131.11% | 107.99% | 83.94% | 75.58% | 70.25% | 59.43% |
May 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $10,468,000K ÷ $8,704,000K
= 120.27%
Oracle Corporation has exhibited varying levels of return on equity (ROE) over the past few years. The ROE for the most recent period ending May 31, 2024, stands at an impressive 120.27%, indicating that the company generated $1.20 in profit for every $1 of shareholder equity during that period. This represents a decrease from the exceptionally high ROE of 792.54% recorded in the same period last year, which suggests that Oracle's profitability relative to its equity base has declined significantly.
Looking at the trend over the last few years, Oracle's ROE has generally shown a positive trajectory, with occasional fluctuations. The ROE has been consistently above 60% in the past few years, indicating a strong ability to generate profits from shareholder investments. The peak ROE of 792.54% in May 2023 was particularly noteworthy, showcasing the company's exceptional profitability during that period.
However, the lack of data for certain periods limits a comprehensive analysis of the consistency and trend of Oracle's ROE over a longer time frame. It would be beneficial to assess additional historical data to gain a more complete understanding of Oracle's performance in terms of return on equity.
Peer comparison
May 31, 2024